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vishakha Jangir

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Set2Score • 5m

𝗛𝗼𝘄 𝗰𝗮𝗻𝗻𝗲𝘀 𝗳𝗲𝘀𝘁𝗶𝘃𝗮𝗹 𝗶𝘀 𝗮 𝗯𝗶𝗴𝗴𝗲𝘀𝘁 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗳𝗼𝗿 𝗰𝗲𝗹𝗲𝗯𝗿𝗶𝘁𝗶𝗲𝘀? Founded in 1946 as a response to the Venice Film Festival, which was influenced by fascist politics in the 1930s. The first edition took place on September 20, 1946, in Cannes, France, with films from 21 countries. Over the years, it became one of the most prestigious film festivals, attracting global filmmakers, celebrities, and entrepreneurs. The Palme d'Or was introduced in 1955 as the festival's highest honor, awarded to the best film in the competition. The Marché du Film was launched in 1959, now one of the world's largest film markets. Cannes has been a launchpad for influential films and directors, shaping global cinema trends. Over 40,000 industry professionals, including 12,500 buyers, producers, and investors, attend the festival annually. More than 2,000 films are submitted each year, with around 20–25 selected for the main competition. The festival generates an estimated €200 million annually for the French economy. Marché du Film hosts 14,000+ participants from 120+ countries, making it a key business hub for the film industry. Over 4,000 journalists from 90+ countries cover the event, making it one of the most widely reported festivals. Growing presence of OTT platforms, AI-driven filmmaking, and blockchain startups shaping the future of film and entertainment business. Follow vishakha Jangir for more such insights.

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